Top broker switches to developer

Damien Madsen will help develop new projects for Broad Street Partners LLC.

January 11, 2006|By Jack Snyder, Sentinel Staff Writer

Damien Madsen, one of the top commercial space brokers in Central Florida, said Tuesday that he has joined Broad Street Partners LLC as a development partner.

Broad Street Partners of Charleston, S.C., and Orlando has several projects under way, including Tradition Towers, planned for the University Club site in downtown Orlando, and developments in downtown Winter Park and Maitland.

Madsen said he won't be involved in projects in the pipeline, "but we'll be looking for new things to jump into."

The broker-turned-developer said he has been thinking about making a change for sometime and solidified his decision after meeting Steve Walsh, Broad Street managing partner.

Madsen got into commercial real estate after graduating from the University of Central Florida in 1986 with a degree in finance. He has worked with Harbert Properties Inc., Advantis Real Estate and Flagler Development Co.

He was selected as office broker of the year three times by the Central Florida Chapter of the National Association of Industrial and Office Parks.

Madsen leased hundreds of thousands of square feet of space at SouthPark Center in south Orlando. SouthPark Center was developed by Flagler Development Co.

Florida East Coast Industries Inc. of St. Augustine owns the office park through subsidiaries.